ONESPAWORLD (OSW) Director Andrew Heyer Receives RSU Award

What Happened Andrew R. Heyer, a director of ONESPAWORLD HOLDINGS Ltd (OSW), was granted 8,282 restricted stock units (RSUs) on 2026-07-22. The RSUs were reported at $0.00 per unit (grant value shown as $0 on the Form 4) and represent contingent rights to receive one common share per RSU if and when they vest. This is an equity award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-22; Form 4 filed: 2026-07-24 (timely filing).
• Award: 8,282 RSUs at $0.00 (reported grant value $0); RSUs vest one year from grant.
• Delivery terms: Vested shares will be delivered on the earlier of the 60th day after separation from service or immediately prior to a change in control (per footnote).
• Shares reported as directly held by the reporting person via entities: 332,145 Common Shares (sum of holdings listed in footnote F2). Additional securities are held and independently managed by the reporting person’s spouse (footnote F3); no spouse holdings number specified in the filing.
• Footnotes: F1 explains RSU terms/vesting/delivery; F2 and F3 describe holdings held through trusts, an investment manager entity, and by the spouse, and include a disclaimer about beneficial ownership.

Context RSUs are a form of compensation that convert to shares only upon vesting; they do not involve an immediate cash payment or open-market trade. Such awards are common for executive/director compensation and do not by themselves indicate the insider is buying or selling stock. Retail investors should note these RSUs could increase outstanding shares if and when they vest and are delivered.